$325,001
SOLD MAY 4, 2022
-- Bed
-- Bath
3,915 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

18% Above List Price

6 Days on Market

About This Home

As of May 2022

Great Investment Opportunity! Brick 4-Unit w/ $32,700 Rent Roll and Low Expenses, 100% Occupied by Long-Term, M-T-M Tenants with Opportunity for Increased Rents. Units are 1 bed/ 1 ba with Separate Front and Rear Entry, Well Maintained and Professionally Managed. Full Basement is Dry with Straight Walls and has 4-Storage Rooms & Laundry. 3-Newer Water Heaters. This will be a Welcomed Addition to Your Investment Portfolio and With a Current CAP rate of over 9%, it is sure to move quickly. There is room to build a 4 car garage behind this property w/ separate access road. Curb Offers Only, Please Do Not Distrub Tenants. Multiple offers received see Agent to agent remarks

Last Agent to Sell the Property

Elisa Lowe

EXP Realty, LLC License #2017003008 Listed on: 04/08/2022

EXP Realty, LLC

Co-Listed By

Ana Assis

EXP Realty, LLC

Last Buyer's Agent

jacob eganhouse

Best Homes Real Estate Ltd. License #2015002966

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1950

Home Design

  • 3,915 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Private Sewer

Additional Features

  • Washer and Dryer Hookup
  • 10,454 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-019272

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,300
  • Water Sewer Expense $2,449
  • Operating Expense $7,811
  • Gross Income $32,700
  • Net Operating Income $27,338

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,112

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2021
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.24
  • Total Gross Income: 32700.0
  • Co List Office Mls Id: 10773
  • Co List Office Phone: 866-212-4991
  • Co List Office Phone: 866-212-4991
  • MLS Status: Closed
  • Sewer Private Sewer: Yes
  • Income Expenses Gross Income: 32700.0
  • Annual Expenses: 7811.0
  • General Property Info Building Sq Ft: 3915.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Parking Features On Street2: Yes
  • Parking Features Common: Yes

Utilities

  • Sewer: Private Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2449.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019272
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: R4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1300.0
  • Net Operating Income: 27338.0
  • Annual Operating Expense: 7811.0

Tax Info

  • Tax Annual Amount: 4112.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $325,001 +18.2% $83 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $275,000 +25.0% $70 / Sq Ft
04/23/2021 04/23/21 Sold $220,000 -4.3% $56 / Sq Ft
03/19/2021 03/19/21 For Sale $229,900 +47.4% $59 / Sq Ft
06/14/2019 06/14/19 Sold $156,000 -2.2% $40 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $159,500 0.0% $41 / Sq Ft
05/08/2019 05/08/19 Price Changed $159,500 -5.9% $41 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $169,500 0.0% $43 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $169,500 +149.3% $43 / Sq Ft
04/01/2015 04/01/15 Sold $68,000 -10.4% $17 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $75,900 +11.6% $19 / Sq Ft
10/31/2013 10/31/13 Sold $68,000 -2.9% $26 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $70,000 -- $27 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222010835

Columbus and Central Ohio Regional MLS